Assistant or Associate General Counsel

Posted Yesterday
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Indianapolis, IN, USA
In-Office
130K-170K Annually
Senior level
Financial Services
The Role
Provides legal counsel to bank business units on contracts, transactions, policies, regulatory developments, corporate governance, SEC matters, and banking issues. Responsibilities include legal research, drafting and negotiating agreements, rendering legal opinions, advising senior stakeholders, monitoring legislative and judicial changes, supporting regulatory responses, and participating in system-wide initiatives. Requires a law degree, bar admission, commercial and corporate law knowledge, and at least three years of legal experience, or five years for the Associate General Counsel level.
Summary Generated by Built In

Is it a Bank? A cooperative? A leader in affordable housing? We are all those things and more!

Our core mission at FHLBank Indianapolis is to provide reliable and readily available liquidity to our member institutions to support housing finance and community development. Simply put, we’re a bank for banks, credit unions, community development financial institutions and insurers across Indiana and Michigan. We also assist in meeting the economic and housing needs of communities and families through grants and subsidized advances that support affordable housing and economic development.

But enough about us, let’s talk about you.

Are you looking for a company that views their employees as their greatest asset?

A company that’s dedicated to making a difference in the community? So much so they pay their employees to volunteer?

Do you want to join a talented workforce that prioritizes equal opportunity within an inclusive culture, and promotes learning and development, unique skills/ideas, and employee engagement?

If you’ve said yes to these questions, then we might be a match!

Here is what we offer:

  • Flexible hybrid workforce model: Onsite three days a week and two days remote. We also offer remote flex days!

  • Fantastic, competitive pay and total rewards

  • Industry-high 401(k) match: up to 6% PLUS…an additional 4% contribution!

  • Tuition reimbursement assistance: To help you continue to develop personally and professionally.

  • Student loan repayment assistance: That’s right, we will help you repay outstanding student loans!

  • Awesome Benefits Package: Medical, dental, vision benefits and even pet (you read that right) insurance!

  • Generous time off: Vacation, paid federal holidays, birthday month floating holiday, volunteer day and summer hours program

  • “Dress for your day” dress code: You choose the appropriate work attire based on what your day looks like.

Statistics show that it is less likely for some candidates to submit their application if they don't meet all the criteria within the job description. If this is you, we encourage you to give yourself a chance and submit your application anyway, as you may be the perfect match for this role!  ​

Purpose:

The Assistant/Associate General Counsel provides legal advice and counsel on a wide variety of issues and works with the Bank's business units within an operating framework of confidentiality, privilege, and service excellence in order to seek pragmatic, effective and efficient solutions to the legal needs of the Bank’s business units to help achieve their goals.

The following statements are intended to describe the general nature and level of work being performed by persons assigned to the job. They are not intended to be an exhaustive list of all responsibilities or abilities required of persons so classified. The Bank reserves the right to alter or amend this description at any time.

Specific Responsibilities:

  • Review, analyze, and draft contracts and transaction agreements for all areas of the Bank and assist in the negotiation of contracts.

  • Conduct legal research.

  • Advise the Bank’s internal clients, including managers, senior officers, and senior management on assigned matters.

  • Render legal opinions on matters affecting the Bank.

  • Assist with review and drafting of Bank policies and procedures.

  • Monitor legislative, regulatory and judicial developments that have significance for the Bank and the Federal Home Loan Bank System, advise business unit clients accordingly, and assist with responses to regulatory proposals on a Bank and system-wide level.

  • Assist with Corporate Governance and SEC related issues.

  • Participate in various system-wide initiatives and working groups, as assigned.

  • Perform other tasks assigned by the General Counsel.

Competencies:

Business

  • Job Knowledge

  • Project Management

  • Client Focused

General

  • Decision-Making/Judgment/Analytical/Pragmatic

  • Dependability

  • Productivity

  • Organized

  • Results Focused

  • Strong Work Ethic

People

  • Communication

  • Team Oriented

  • People Development

  • Self-Motivated

  • Strong Time Management Skills

  • Business Acumen

Position Requirements:

  • JD Degree and graduate or undergraduate degree preferably in business or accounting. 

  • Admitted to practice law in a state bar, preferably in Indiana.

  • Knowledge of commercial and corporate law required. Knowledge of banking and secured transactions a plus.

  • Minimum of 3 years of legal experience (for Assistant GC, 5 years for Associate GC).

  • Strong verbal and written communication skills.

  • Knowledge of federal housing programs or community/economic development a plus.

  • Ability to work full-time.

  • Must not have been convicted of any civil or criminal charge that would suggest a risk to Bank security.

  • Ability to uphold and model the Bank’s Guiding Principles.

Hiring Range: Assistant: $130,000 - $153,000, Associate: $144,000 - $170,000

Hiring ranges reflect the base salary that the Bank reasonably expects to pay for a given role and is not inclusive of annual incentive award opportunities, retirement benefits or the value of other health and welfare or other ancillary benefits. We consider many factors when determining base salaries such as individual background and experience, the competitive environment, education, particular skill set(s), and industry and institutional knowledge.

FHLBank Indianapolis is an Equal Opportunity Employer.

Skills Required

  • Juris Doctor degree
  • Graduate or undergraduate degree in business or accounting
  • Admission to practice law in a state bar
  • Indiana bar admission
  • Knowledge of commercial and corporate law
  • Minimum of 3 years of legal experience for Assistant General Counsel
  • Minimum of 5 years of legal experience for Associate General Counsel
  • Strong verbal and written communication skills
  • Ability to work full-time
  • No civil or criminal conviction suggesting a risk to Bank security
  • Knowledge of banking and secured transactions
  • Knowledge of federal housing programs or community and economic development
  • Ability to uphold and model the Bank's Guiding Principles
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The Company
HQ: Indianapolis, IN
327 Employees
Year Founded: 1932

What We Do

The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) is one of 11 independent regional cooperative banks across the U.S. We’re privately capitalized and owned by our member banks, credit unions, community development financial institutions (CDFIs), and insurers across Indiana and Michigan. As a cooperative, we pass our borrowing benefits in the global debt markets on to our members in the form of lower borrowing costs, which are subsequently passed on to consumers, businesses and communities. Our core mission is to provide a reliable source of liquidity to member banks, credit unions, community development financial institutions, and insurance companies to support housing finance, asset-liability management, and community lending. We also help communities and families through grants and low-cost loans to our members that help support affordable housing and economic development initiatives.

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